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Air Data Systems Market Report
Air Data Systems Market Size, Share, Trend, Forecast, & Industry Analysis.
The Air Data Systems Market is Segmented by End-User Type (Civil, Military), by Aircraft Type (Narrow-Body Aircraft, Wide-Body Aircraft, Very Large Aircraft, Fighter Aircraft, Regional Transport Aircraft, Military Transport Aircraft, General Aviation, Rotary-Wing Aircraft, and UAV ), by Component Type (Electronic Unit, Probes, and Sensors), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)
Air Data Systems Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growth in the number of aircraft orders and deliveries and escalating demand for large military UAVs are the major factors expected to underpin the growth of the global air data systems market during the forecast period.
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Air Data Systems Market - Snapshot |
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|---|---|
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Growth |
7.2% for the next five years |
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Major End-User Type |
Civil |
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Major Aircraft Type |
Narrow-body aircraft |
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Dominant Component Type |
Electronic unit |
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Region with the highest demand |
North America |
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Key Players |
Ametek Inc., Aeroprobe Corporation, Astronautics Corporation of America, Curtiss-Wright Corporation, Financial Highlights, Honeywell International Inc., Meggitt PLC, Rockwell Collins Inc., Shadin Avionics, and Thommen Aircraft Equipment. |
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Based on the end-user type, the market is segmented as civil and military. The civil segment owns a larger market size and is also estimated to register a higher growth during the forecast period. Fueled by factors, such as increase in air travel, rise in disposable income, and growth in international tourism, among others, the civil aviation industry across the globe has been witnessing robust growth in recent years.
Based on the aircraft type, the market is segmented as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and UAV. The narrow-body aircraft segment led the market in 2018, and is expected to continue its dominance during the forecast period as well. Boeing anticipated that there would be the total deliveries of 40,410 commercial aircraft worth US$ 6.25 trillion in the global marketplace during 2018-2037. Asia-Pacific and Europe would be the biggest demand generators with a collective share of 64.7% of the total commercial aircraft deliveries during the same period. An anticipated healthy CAGR of 4.7% in air passenger traffic during 2018-2037 will chiefly drive the demand for commercial aircraft.
Based on the component type, the market is segmented as electronic unit, probes, and sensors. The electronic unit segment is estimated to register the highest growth during the forecast period. The growth is owing to the compliance with the FAA-RVSM mandate, there should be an RVSM (Reduced Vertical Separation Minimum) compliant electronic unit for every aircraft flying between flight level (FL) 290 and 410 (inclusive).
In terms of regions, North America led the global air data systems market in 2018, and is expected to continue its dominance during the forecast period. The aviation industry is one of the most lucrative industries in North America, with giant aircraft manufacturers, such as Boeing (U.S.), Lockheed Martin (U.S.), Bell Helicopter (U.S.), Sikorsky Aircraft (U.S.), and Bombardier (Canada) present in the region. These manufacturers facilitate in generating demand for air data systems. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.
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Air Data Systems is mainly a computer system in an aircraft that helps in determining the airspeed, instantaneous change in the speed, altitude, and others. This is done by taking data of air pressure, temperature, and others.
Air Data Systems are used in diverse types of aircraft such as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and others. Civil and military, both the segments make use of the air data systems.
This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
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Air Data Systems Market Report - Features |
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|---|---|
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Market Segmentation |
4 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
15 |
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No. of Figures & Tables |
>150 |
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Company Profiles |
10 |
The air data systems market is segmented into the following categories.
Some of the major players in the air data systems market are-
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:
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Air Data Systems is mainly a computer system in an aircraft that helps in determining the airspeed, instantaneous change in the speed, altitude, and others. This is done by taking data of air pressure, temperature, and others. Air Data Systems are used in diverse types of aircraft such as narrow-body aircraft, wide-body aircraft, very large aircraft, fighter aircraft, regional transport aircraft, military transport aircraft, general aviation, rotary-wing aircraft, and others. Civil and military, both the segments make use of the air data systems.
Air Data Systems Market is likely to witness an impressive CAGR of 7.2% during the forecast period. Growth in the number of aircraft orders and deliveries and escalating demand for large military UAVs are the major factors expected to underpin the growth of the global air data systems market during the forecast period.
In terms of regions, North America led the global air data systems market in 2018, and is expected to continue its dominance during the forecast period.
Some of the major players in the air data systems market are Ametek Inc., Aeroprobe Corporation, Astronautics Corporation of America, Curtiss-Wright Corporation, Financial Highlights, Honeywell International Inc., Meggitt PLC, Rockwell Collins, Inc., Shadin Avionics, and Thommen Aircraft Equipment.
The civil segment is expected to register higher growth in the air data systems market in the coming years.
The narrow-body aircraft segment is expected to remain dominant in the air data systems market during the next five years.
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